Tuesday, August 23, 2011

IBPS announces schedule for Common written examination [CWE] for Recruitment in clerical cadre in 19 public sector banks.

A Common Written Examination (CWE) will be conducted by the Institute of Banking Personnel Selection (IBPS) as a pre-requisite for selection of personnel for Clerical cadre posts in the Public Sector Banks mentioned below.

Important Dates:

Educational Qualification:

A pass with 60% marks in the aggregate in Matriculation/SSC (old pattern)/SSLC/10th

std. Examination of 10+2+3 pattern or equivalent. For SC/ST/OBC/PWD/EXSM

candidates a pass in the aggregate in Matriculation/SSC (old pattern)/SSLC/10th std.

Examination of 10+2+3 pattern or equivalent

OR

A pass with 50% marks in HSC examination of 10+2 (10+2+3 pattern) /11th Std. of

(11+1+3) pattern or Intermediate/Pre-University or any equivalent examination/Diploma

in Banking recognized by Central/State Government or U.T. administration. For

SC/ST/OBC/PWD/EXSM candidates a pass in HSC examination of 10+2 (10+2+3

pattern) /11th Std. of (11+1+3) pattern or Intermediate/Pre-University or any equivalent

examination/Diploma in Banking recognized by Central/State Government or U.T.

administration

OR

Degree in any discipline from a recognized University or any equivalent qualification

recognized as such by the Central Government.

Age limit:

As on 01.08.2011, Minimum: 18 Years Maximum: 28 Years

Selection Procedure:

There will be a written test for selection process. It will consist of following papers:

Test of Reasoning, Test of English Language, Test of Numerical Ability, Test of General Awareness with special reference to Banking Industry, Test of Computer Knowledge

Cotoff Score and CWE Score Card:

Each candidate will have to secure a minimum standardized score in each of the tests to qualify in the written examination and to be considered for vacancies in the participating banks.

IBPS will print the Score Cards for each of the qualifying candidates only and will send the same by Registered/ Speed post to each candidate at the correspondence address specified in his/ her online application.

Validity of cwe score card:

Score Cards issued by IBPS will be valid for one year from the date of issue of the Score Card. Candidates can appear in subsequent examination(s) to enhance their scores if they so desire.

Application Fee:

Rs. 50/- for SC/ST/PWD/EXSM candidates.

Rs.350/- for all others

Procedure to Apply:

Candidates can apply online only from 25.08.2011 to 24.09.2011 in the IBPS website http://www.ibps.in/

Thursday, August 18, 2011

1. In economic field, very often, the term ?Price Index? is used. If the Price Index in May 1985 was 355, then what does it mean?
A) The prices on the average were more than three and a half times as much.
B) The prices were 255 per cent higher than what they were in 1970-71 (the earlier base year).
C) As compared to the earlier base year, May 1985 was full of various commodities and the supply was 300 times better than the earlier years.
Which of these statements is/are true ?
Only A Only B Only C Only A & B None of these

2. Various measures are used by the State to control the inflation. These can be
A) Price control
B) Monetary measures
C) Fiscal measures
Which of these is/are known as the suppressed inflation ?
Only A Only B Only C Both A & B None of these

3. The High Court of which of the following States set aside the decision of the State Government to overturn the creation of nine districts and four commissioner divisions (created by the earlier Government) ?
Rajasthan Orissa Himachal Pradesh Tamil Nadu Uttar Pradesh

4. The Government of India recently issued norms for Indian Depository Receipts (IDRs). Which of the following is NOT TRUE in this regard ?
The companies would have a pre-issue paid up capital and free reserves of at least 500 million US $. Average turnover of the company should be 500 million US $. The norm of average turnover of 500 million US $ should be during the three preceding years of financial performance. The company should have declared a dividend of not less than 10% during the last five years. All such companies need prior nod of SEBI.

5. Who among the following has issued various accounting standards to be followed by the various companies in India?
Registrar of Companies Ministry of Finance, Government of India Accounting Standards Board of ICAI Indian Bureau of Standards World Trade Organisation (WTO)

6. How much amount an individual resident can now borrow from the close relatives residing outside India (As per new RBI norms)?
US $ 100000 only or its equivalent US $ 150000 only or its equivalent US $ 200000 only or its equivalent US $ 250000 only or its equivalent None of these

7. Growth of credit in agriculture, despite its priority sector status, has remained a persistent problem in the economy. According to the RBI, domestic banks must allocate what percent of their advances to the agricultural sector (including direct and indirect finances)?
8% 12% 15% 18% None of these

8. In July 2003, the banks were asked to reduce their lending rate to agricultural credit to he extent of ? (for loans below Rs. 50,000).
6.5% 7.5% 9% 10% None of these

9. In the financial transaction of the Government, we often hear a term ?Deficit Financing?. Deficit Financing is
A) Practised whenever Government expenditure exceeds the receipts from the public.
B) That part of the Government expenditure which is met by drawing down the cash balance of the Government held in RBI or in State treasuries.
C) That part of the Government expenditure which is required to be compensated by printing new notes/supply of fresh currency notes in the market. Which of these statements is/are correct?
Only A Only A & B Only C Only B None of these

10. In commercial and trade world, very often, we hear a term ?Free Trade?. What does it really mean?
A) It means no restriction on the movement of goods between two countries or a group of countries.
B) It means no custom duty or any other tax or duty on the goods supplied to each other by the countries.
C) It means exchange of goods between the countries to overcome shortage of particular type of goods.
D) It means a particular nation is allowed to sell its goods all over the world without any restriction on the quantity.
Which of these statements is/are correct?
Only A Only B & C Only C & D Only C & A Only D

11. Which of the following statements is/are correct pertaining to the problems with agricultural credit?
A) Private sector banks are not given any target of agricultural lending. Hence, they do not lend anything to farmers.
B) Majority of farmers are not able to afford the cost of borrowing or not able to guarantee their loan from the banks.
C) Most of the Co-operative Banks are defunct. Hence, they are not lending to the farmers.
Which of these statements is/are true?
Only A Only B Only A & B Only C Only B & C

12. India's population is likely to reach at which level during 2026 A.D. ?
1 billion 1.2 billion 1.4 billion 1.6 billion None of these

13. The Rural Infrastructure Development Fund (RIDF) is established with ?
NABARD RBI SBI ICICI Bank None of these

14. Why was the name of B.K. Chaturvedi recently in the news?
He has taken over as the India's High Commissioner to U.K. He will be the new Cabinet Secretary in the Union Government. He will be the new Deputy Speaker of the Lok Sabha He will be our permanent representative in the UNO None of these

15. India is set to have a revised or new series of the Index of Wholesale Price (WPI) very soon, as the base year will now be
1990-91 1985-86 1989-90 1993-94 None of these

16. The farm income insurance scheme announced by the Union Government is presently being run in how many districts ?
20 50 100 150 None of these

17. As per the reports of the Census 2001, the Prime reason for male migration to urban areas has been employment and business. But what has been the reason of migration of the young females to urban areas ?
A) Marriage
B) Educational Purposes
C) Job Opportunities
Which of these is/are the correct reasons(s)?
Only A Only B Only C Only A & B None of these

18. As per the migratory trend seen in the recent past, the outflow of people from which of the following States is the maximum ?
Uttar Pradesh Bihar Madhya Pradesh Kerala None of these

19. Which of the following is likely to convert itself into a bank ?
SIDBI ECGC IDFC SEBI None of these

20. As per the census 2001, the number of million plus cities in India is
20 24 35 42 52

21. As per the reports from the Ministry of Health and Family Welfare, the three important causes of mortality in India are
Tuberculosis, Typhoid and Malaria Malaria, Polio, Cancer
Cancer, Heart ailments, Polio
Polio, Malaria, Heart ailments
None of these

22. As per the recent decision taken by the Government of India, now the students after passing which of the following examinations are not required to have a stamp "Emigration check required" on their passports?
MBA from IIMs or any other university B.E. or B.Tech. degree Class XII Medical degree in Ayurved System None of these

23. About 35 multistate Co-operative Banks are likely to come under the Banking Regulation Act as the Government is going to issue an ordinance to that effect in days to come. It was required to be done as
A) Co-operative Banks are in bad shape and their restructuring is very much needed.
B) RBI recommended that Government should issue an ordinance to this effect.
C) The Supreme Court of India has issued an order which says that RBI does not have authority to issue licences to multistate Co-operative Banks.
Which of these statements is/are true?
Only A Only B Only C Only A & C None of these

24. Which of the following schemes/programmes is/are now part of the ?Swarna Jayanti Shahari Rojgar Yozana? (SJSRY) ?
A) Nehru Rozgar Yojana (NRY)
B) Urban Basic Service for the Poor (UBSP)
C) Prime Minister?s Integrated Urban Poverty Eradication Programme (PMIUPEP)
D) India Mahila Yojana
Choose the correct alternative :
Only A Only A & B Only A & D Only D Only A, B & C

25. Which of the following is the aim of the "Jan Shree Bima Yojana" of the Union Government launched in 2000?
To provide food security to the rural poor. To provide Insurance Security to the people living below poverty line To provide Insurance cover to the women To provide Insurance cover to the children whose parents died in the earthquake in Bhuj a few years back None of these

26. Which of the following is the objective of the International Monetary Fund (IMF) ?
A) To minimize imbalances in quantum and duration of the international trade.
B) To provide subsidy to the third world countries so that they may complete with developed nations.
C) To ensure exchange rate stability.
Which of these objectives is correct ?
Only A Only A & B Only B Only A & C None of these

27. The performance of Public Sector Banks during the year 2003-04 has been
A) Slightly lower than during 2002-03
B) Much better than the year 2002-03 for all PSBs
C) Same as it was in the year 2002-03
D) Slightly better for some banks like SBI and its Associates.
Only A Only B Only A & D Only D None of these

28. Prime Minister Manmohan Singh recently in a meeting expressed his desire that an early and smooth Value Added Tax (VAT) is very much needed in the country. How the introduction of VAT will be helpful for a country like India?
A) VAT will avoid cascading of taxes.
B) VAT is expected to enhance revenues in the medium term.
C) Some State Governments may have to lose a substantial amount of Sales Tax as the Centre will have a greater share in taxes, but the same will be compensated
later on by providing subsidies on certain items.
Which of these statements is/are true?
Only A Only B Only A & B Only C A, B and C

29. Which of the following statements(s) is/are true about the Member of Parliament Local Area Development Scheme (MPLADS) ?
A) The scheme was introduced in the year 1977.
B) Under the scheme, every MP can spend Rs. 2 crore every year on some developmental activity in his/her area.
C) Around 6.8 lakh works were recommended by the MPs during the past years out of which about 4.5 lakh were completed by the year 2002.
Only A Only A & B Only B Only B & C None of these

30. According to the World Trade Organisation (WTO), Anti Dumping measures can be imposed by a country in which of the following situations ?
A) When hazardous nuclear and radioactive waste is dumped in the sea or coastal area of a country by some other nation.
B) When some products that have been dumped in the market in such a way that they cause material injury to domestic industry.
C) When some substandard agricultural products are dispatched to a country to meet the balance of payment requirements.
Only A Only C Only B Only A & B Only B & C

31. Which of the following is the one major function of the finance Commission set up by the Union Government once every five years ?
A) To determine the share of the States and the Centre out of the Tax receipts.
B) To determine the minimum support prices of all major agricultural commodities.
C) To introduce the new taxes to be levied by the State and the Union governments.
Only A & B Only B & C Only B Only C Only A

32. Which of the following States is adjudged superior to most State in India in human development?
Tamil Nadu Gujarat Maharashtra Karnataka None of these

33. Which of the following statement(s) about industrial output of India during the recent past is/are true (in last few months)?
A) Industrial output surges 9.4%.
B) Food production was increased by 15%.
C) Manufacturing growth was 3.33%.
Only A Only B Only C Only A & B Only B & C

34. What are the objectives of the Task Force, out of A, B, C and D given below, set up to suggest the modalities for the implementation of interlinking of rivers?
A) To augment irrigation potential.
B) To fulfill the growing need of water.
C) To generate additional power.
D) To facilitate transportation in the country through inland waterways.
Only A & B Only B & C Only C & D Only D & A All A, B, C & D

35. Which of the following statement(s) about India's forex kitty is/are true?
A) India?s forex kitty grows fastest in the world.
B) India?s forex reserves registered a 169% growth during two and a half years period ended in April 04.
C) India?s forex reserves growth established a huge lead over the economics of the countries like U.K., USA and Japan.
Only A Only B Only C Only A & B All the three

36. Which of the following correctly defines what National Income means ?
A) It is the total earning of the employees of the Central Government, all the State governments, all MLAs, MPs and Ministers, etc. put together.
B) It is aggregate factor income which arises from the current production of goods and services by the economy of a country.
C) It is the total value of the goods produced in various production centers run by the State and Union Governments.
Only A Only B Only C Only B & C None of these

37. The increase in the world population has been accompanied by a major shift in its distribution. The share of the developed countries in the world population is approximately.
15% 20% 25% 33% 38%

38. Which of the following statements is/are true?
A) A substantial part of the population of the South Asian countries do not have access to the safe drinking water.
B) The pattern of water consumption in the region is about 95% in agriculture and remaining 5% in industries. No water for domestic use.
C) The time is such that almost one out of the four hospital beds is occupied by a patient who is ill because of water pollution.
A & C only Only A Only C Only A & B A, B & C

39. Which of the following is not the short name of a programme designed for the employment generation?
EAS PMIUPEP TRYSEM CAPART SJGSY

40. Which of the following is NOT a part of the Annapurna Yojana?
A) Every family will be provided 10 kg of food grains if they are a family identified as living below poverty line.
B) All those who were getting pension as Senior Citizens are covered under the Scheme.
C) Only women are covered under this scheme.
Only A Only B Only A & B Only C All A, B & C

41. The RBI announces Credit Policy twice in a year. What is the significance of the Credit Policy. Which of the following is/are the CORRECT statement(s) in this regard?
A) It is a measure to influence the amount of money and credit in Indian economy.
B) Credit Policy is a control on the rate of interest offered by the Banks on their products.
C) It is an indication to the market that how they can plan their production decisions.
D) It is the green signal to the Union Government that they can plan their budget and introduce new taxes if they so desire.
Only A Only A & B Only B & C Only A, B & C None of these

42. The RBI has four chief weapons to control or maintain desired equilibrium in the economy of the country. Which of the following is NOT one of them?
Open market operations Reserve requirement (banks have to keep a part of deposits in reserve) Repo rate Bank rate Introducing new taxes/levies, etc.

43. The Government of India is seriously thinking to repeal which of the following acts?
FERA FEMA Rent Control Act POTA None of these

44. Which of the following statements is/are correct in respect of the exports of jewellery from India (Pick up correct statements)?
A) Last year, the export of gems and jewellery from India reached at a level of US $ 10 billion for the first time.
B) India got top position in exports market of gems and jewellery because of higher unit value realization for cut and polished diamonds in which India dominates.
C) China & South Africa are the India?s two major competitors in the field of exports of gems and jewellery.
Only A & B Only B Only B & C Only C Only A & B

45. Approximately, what percent of the total oil production of the world is produced by OPEC nations ?
33% 45% 50% 65% 75%

46. Which of the following countries announced that it will help Pakistan to build a nuclear power plant ?
S. Korea China Russia France None of these

Important Dates:

Educational Qualification:

Officer Middle Management Scale-III:
Degree from a recognised University in any discipline or its equivalent with a minimum of 50% marks in aggregate.
Preference will be given to the candidates having Degree/ Diploma in Banking, Finance, Marketing, Agriculture, Horticulture, Forestry, Animal Husbandry, Veterinary Science, Agricultural Engineering, Pisciculture, Agricultural Marketing and Co-operation, Information Technology, Management, Law, Economics and Accountancy.
Experience : Minimum 5 years experience as an Officer in any Bank or Financial Institution.

Officer Middle Management Scale-II:
Degree from a recognised University in any discipline or its equivalent with a minimum of 50% marks in aggregate. Preference will be given to the candidates having degree/ diploma in Banking, Finance, Marketing, Agriculture, Horticulture, Forestry, Animal Husbandry, Veterinary Science, Agricultural Engineering, Pisciculture, Agricultural Marketing and Co-operation, Information Technology, Management, Law, Economics and Accountancy.
Experience.- Two years as an officer in any Bank or Financial Institution.

Officer Middle Management Scale-II (IT):
Degree from a recognised University in Electronics / Communication / Computer Science / Information Technology or its equivalent with a minimum of 50% marks in aggregate.
Desirable Experience : Certificate in ASP, PHP, C++, Java, VB, VC, OCP etc and having minimum 1 year of work experience.

Office Assistants (Multipurpose):
Bachelor Degree or its equivalent of a recognised University in any discipline;
(a) Essential: Proficiency in Kannada language.
(b) Desirable: Knowledge of Computer skills.

Age limit:

Age as on 1-7-2011:
Officer MMG Scale-III- Above 21 year but below 40 years.
Officer MMG Scale-II-Above 21 years but below 32 years
Officer MMG Scale-II (IT)-Above 21 years but below 32 years
Office Assistants - Between 18 years & 28 years

Eligibility:

Officer Posts: Should be a citizen of India
Office Assistant Posts: Should be a citizen of India and Domicile of Karnataka.

Selection Procedure:

The selection will be made on the basis of performance in written test and interview.

Wednesday, August 10, 2011

Andhra Bank invites applications from talented Sportspersons for their Men's Team in Cricket & Kabaddi for appointment in Officer / Clerical / Sub-staff Cadre. Only Indian Citizens are eligible for appointment under this Scheme.

Eligibility:

Should have represented the District in a State level event or should have participated in an All India School event

Clerks

18 - 28

X Standard pass

Should have represented the State in a National event or the District in a State level event with distinction or his University in an Inter-university event with distinction or should have been a member of the Combined Universities Team

Officers

21 - 30

Graduates

Should have represented the Country or won the Arjuna Award or represented the State for at least 3 continuous years

Selection Procedure:

The selection will be strictly on the basis of merit in terms of the level of participation in the game, qualifications etc. The short-listed candidates will be called for an interview.

Application Fee:

Procedure to Apply:

Application should be submitted only in the prescribed pro-forma, which can be downloaded from our Bank's website - www.andhrabank.in , with all particulars regarding educational qualification and Sports Achievements supported by relevant Certificates and be sent in a separate cover superscribed "RECRUITMENT OF SPORTSPERSONS" to be following address so as to reach on or before 27th August, 2011.Deputy General Manager(HR)
Human Resources Department
Andhra Bank, Head Office
Dr Pattabhi Bhavan
Saifabad
Hyderabad - 500 004 (AP)

Important Dates:

Educational Qualification:

Officer Junior Management (Scale I) :
-> Graduate in any discipline from a recognised university or its equivalent. Preference will be given to candidates who are computer literates.
-> Knowledge of English and proficiency in Kannada language is compulsory (to read, write and speak).
-> Preference shall be given wherever required to those who are having higher qualification and professional qualification in Law/Agriculture/Veterinary Science/Computers etc with experience.

Office Assistant (Multipurpose) :
-> Graduate in any discipline from a recognised university or its equivalent. Preference will be given to candidates who are computer literates.
-> Knowledge of English and proficiency in Kannada language is compulsory (to read, write and speak).

Age limit:

As on 31.03.2011 : Minimum 18 years - Maximum 28 years.

Selection Procedure:

The selection of the candidates shall be on the basis of written test and interview.

Application Fee:

SC/ST/Physically Challenged (PC)/Ex-Servicemen - 50/-
GEN/OBC - 350/-

Procedure to Apply:

Candidates have to register Online through Bank.s website www.vgbank.in only between 04-08-2011and 30-08-2011.

Important Dates:

Educational Qualification:

Officer Scale-I-Group “A” :
-> Bachelor Degree of a recognized University in any discipline or its equivalent
-> Proficiency in local language as may be laid down by the Board
-> Proficiency in Computer Application, if any.

Office Assistants (Multipurpose)-Group-“B”:
-> Degree in any discipline from a recognized University or its equivalent
OR
-> Pass with 50% marks in aggregate in higher secondary examination of 10+2+3 pattern/ XI standard of 11+3 pattern/ pre-degree or intermediate or any equivalent examination.
OR
-> Diploma in Banking recognized by State or Central Government or Union Territory.
OR
-> Pass with minimum 60% marks in aggregate in Matriculation / Senior School Certificate (old pattern) / or equivalent.
AND
-> Candidates must be proficient in Computer (Know How for Hindi & English writing in Computer)
AND
-> Proficiency in local language (Hindi) as may be laid down by the Banking Service recruitment Board; and
-> Knowledge of English language.

Eligibility:

Office Assistant candidates should be domicile of Uttar Pradesh.

Age limit:

As on 01.07.2011, between 18 years and 26 years

Selection Procedure:

The selection of candidates shall be made on the basis of written test and interview.

LAW OFFICER : SCALE-I:
LLB with minimum 50% at LLB level. The eligible candidates should be regular full time student, from recognized university.

Age limit:

As on 31.07.2011, age should be between 21 and 30

Selection Procedure:

Merit list of the candidates based on the marks obtained by them in Written-Test / Group Discussion and/or Personal Interview will be prepared in descending order on the basis of the aggregate marks obtained, under the respective SC / ST / OBC / GEN Category. The final selection will be made on the basis of this merit list.

Important Dates:

Educational Qualification:

As on. 01.07.2011,Officer Junior Management Scale I: Graduate in any discipline from a Recognised University.

Office Assistant (Multipurpose): Graduate in any discipline from a
Recognised University
OR
A Pass in Higher Secondary School examination of 10+2 or 10+2+3 pattern/ 11th Std. of
11+3 pattern / Pre-Degree or intermediate or any equivalent examination with a minimum
of 50% marks in the aggregate in case of General Candidates and 45% in case of SC/ST
and PC / Ex - servicemen candidates.
OR
Diploma in Banking recognised by State or Central Govt. is preferred
OR
Pass with 60% marks in Matriculation/ SSC (old pattern)/ SSLC/ 10+2+3 pattern in case
of General Candidates and 55% in case of SC/ST and PC / Ex - servicemen candidates.

For both the posts, Preference will be given to candidates having Computer knowledge.

Age limit:

As on. 01.07.2011, between 18 years & 26 Years

Eligibility:

Candidate must be Indian Citizen and domicile of Karnataka.

Selection Procedure:

The selection of the candidates shall be made on the basis of written test and interview.

Application Fee:

For SC / ST / person with Disability candidates/Ex servicemen: Rs.75/- for each post
For all others :Rs 350/- for each post

Procedure to Apply:

All eligible candidates should apply on –line through the link providedin bank website.

Important Dates:

Age limit:

Officer SMG Scale-III Below the age of 40 years
Officer MMG Scale-II Above 21 years but below 32 years
Officer JMG Scale-I Above 18 years but below 28 years
Office Assistants Between 18 years & 28 years

Eligibility:

For Officer Scale III, Officer Scale II & Officer Scale- I
Candidates must be Indian citizens and proficiency in Telugu is essential.For Office Assistant (Multipurpose)
Candidate must be Indian citizen and must be domicile of Andhra Pradesh.

Selection Procedure:

The selection will be made on the basis of performance in written test and interview.